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20121201
20121231
Search Results 0 to 9 of about 10 (some duplicates have been removed)
in -- in parts of the world. it is the first major city in the world to see in the new year. auckland is 496 kilometers west of the international date line. as west as you can get. the fireworks going off in auckland at the start of 2013. the new year has already started elsewhere in the pacific. in other news, at least 10 people have been killed in a series of explosions across iraq. dozens more wounded. kirkuk was among the cities targeted. seven people have died in bombings, all thought to be from the same family. iraq's prime minister, nouri al- maliki, is saying foreign countries are instigating sectarian division. more protests are expected in anbar province. they are demanding the release of sunni prisoners. tell us more about the explosions in iraq. who was targeted? a was carrying them out? -- who was carrying them out? >> we are getting conflicting reports about who the target was. the houses were demolished because of an improvised explosive device. one house belongs to an iraqi police officer. the other two might have been used as a place where shia pilgrims rest on their journey
cities. that says we'll see international capital flows fall to go other markets. so what i would say to everybody is that whereas we've held down our exposure to international equities, both developed and to emerging, i would start to increase that exposure to international equities both developed and emerging, largely because i think you'll see dollar weakness and currency strength in other parts of the world. >> next year will be steady -- far more steady and far less spectacular, that seems to be what you're suggesting. >> growth next year probably around 2% is the consensus, 2.4% is where i come down. growth in profits maybe 3% to 4% next year. a very flat interest rate environment. you put all that together, you ask yourself what's going to happen to the stock market if that's right. and the answer is you won't get much out of that. >> so how do you invest into sectors? i think we've lost sound. unfortunately. there we go. our apologies. anyway, that was hugh johnson fp our apologies to him. we have had problems this morning as you might have guessed. let's just recap before we
. i think this may be keeping with the idea that citi is an international company. don't need as much stuff here. maybe. >> to the extent financial services are being commotitized. reflective of changes going on overall at financial services as you get out of markets that are so transparent now that you can't make the margin that you once again. therefore you have to focus on the cost size. >> i don't think people understand how much money they used to make. in a transaction you could hide gross credit. you could say you're buying this at 100 but you are getting to 98. no one is taking two anymore. those were the ways you really made a lot of money if you were a sales trader. >> the bulk of the layoffs is from global consumer banking. >> global consumer. >> they are talking brazil, hong kong -- >> those are growth markets. >> that's fascinating. 35% coming from that. >> and 25% from institutional clients. >> what the heck are they doing? are they retreating? the whole thing was to put everybody there. i guess -- >> it's not a supermarket. they want to be bodega. >> they didn't think p
the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the uk to begin with. it's an international stock market and it's very dominated by the resources sector. we quite like energy, but we're not so keen on the materials. we don't think the uk is going to do as well as the s&p or the euro stocks. we're expecting markets to be more strong because local expectations are going to be overly depressed and they matter. >> kevin, briefly, what about the yen? this seems to be one of the biggest stories for the bank of japan. do you bet on the bank of japan here? >> we expect them to loosen and of coursively push the yen down. the only qualification one has there is it's a little bit like the government bond call going into 2013. absolutely everybody seems to be saying it. >> okay. we'll leave it there. kevin gardener, head of investment strategist at barclay's. your top call for 2013? >> we think growth will be weak around the world. the u.s. is the best game in town. >> i want to hear what john walsh thinks. what's your top pick of the year,
of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up storefronts. and, further below the surface, this: a health clinic set up by the greek branch of the international aid group, doctors of the world to serve the country's newly poor. dr. nikitis kanakis is its director. >> brown: kanakis group, in fact, had to cut back some of its work in africa because of the needs at home. here in perama, unemployment tops 50% as the shrinking economy has crippled much of the local shipping industry. at the same time, the deeply indebted greek government has made dramatic budget cuts, including to health benefits. the combination has left many here without access to private or public care. and that's meant a stunning rise in disease and mortality rates. >> brown: economists, of course, speak of a different kind of necessary medicine: the kind a deeply indebted nation must take. the price for living and consuming well beyond its means for far too long. >> the medicine is necessary. it was, though, delivered very abruptly. >> brown: as a government
and started to help the rebels, which at that time were just rebels, no control of any city. he stayed in a hotel and worked to court made international support for the rebels. he was not even the massacre at the time. after the rebels won the war, he said of this compound as a temporary facility, which the report is critical of. it was a failure and a precursor to this incident, the fact that this mission was deemed a temporary facility which allow the state department to neglect security requirements that would have been put in place had been declared an official consulate. that is a huge part of the story. ambassador stevens believed that because he had been such a good friend of the libyan people, especially in benghazi, as they were struggling, that he had a relative amount of safety. he is often described as a man that would eat at local restaurants, he would meet people wherever they were. it is not totally clear why he was in benghazi that night but he did have a light security contingent, which was part of his decision the bottom line is our diplomats have to get outside the w
jackson international airport are delayed. and we are also seeing that outside in the western part of the united states, places like salt lake city, serious delays. the national weather service issued a winter storm warning for oklahoma, arkansas and the southeast is bracing for very severe weather also. lots of travelers we spoke with plan for very early travel plans in hopes of dodging those later delays and catch really the calm before the storm, kelly because as we know there is a system not only in the pacific northwest but also the storm system down here in the southeast that will head up to new york city and northeast areas, you'll be having some severe weather up there. kelly. kelly: that affects so many people especially flying out of atlanta, or through atlanta, so what does the rest of the day look like for travelers coming through there? >> reporter: well, slowly but surely we are starting to see more delays take place. earlier this morning a lot of the flights were coming in on time. as the conditions deteriorate not only here in the southeast but like i said across th
Search Results 0 to 9 of about 10 (some duplicates have been removed)